Guys I really recommend you to not enter trade ! This is not TA ! This is not Fractal ! DO NOT ENTER SHORT DO NOT ENTER LONG ! Stay out of this one ! This is not TA ! This is not Fractal !
Well no one knows the future but lets guess it :) this is our job to guess the future by these signs ... As you can see we had big move ! it shocked every one including me :) If you check this idea you will find it out what Im talking about. We touched a strong resistance and we couldn't break it ! that was the resistance punch :) But if you see the daily chart...
All right guys, first of all I have to say I draw wrong cup and handle ... and I didn't publish anything because of psychology, anyway. Ok im seeing a ascending flag here, breaking of ascending triangle, breaking the local resistance(if we can stay here for a few hours for confirmation), in my idea a correction should be in 10k~9900 area but we are in distribution...
Ok lets check a fractal chart. As you can see I looked for this resistance in daily chart and I found out most of the time while we touched this resistance, we rejected by it and we fall down, what is different this time or its the same as history ? Read this you will find it out ... Most of the times rsi was in divergence or showed the mid line. Macd wasn't...
Ma's acting like dynamic support at 9300 and 9200, rsi shows divergence, macd doesn't have enough power, we didn't see volume in a few days and also double bottom ... I had a cup and handle in my last charts ... it rejected, I had convergence and it rejected ... this time I will look in other way ! I can say that 100% we will see a big trend ... but which way...
As you can see we have support of BB band and ma's We are at the wedge in ascending triangle, and we need a little push to break the wedge, macd red histogram finished and it shows a potential for uptrend, rsi shows a support and resistance (you can see strong supports in a long way, and in few days ago it is trying to break the wedge) So in daily I recommend you...
As you can see rsi forming a triangle, btc tried to break triangle but it back, cup and handle are didn't confirmed yet. In my idea there is still a chance for long, because shorts are not strong at all. And also monthly and weekly candles are closing today ! and if they close in this area (9500 I mean) it means a successful break of local resistance in monthly,...
Ok, after reaching 9600 for several times(double top) we need to reach 9350 again(double bottom). As you can see rsi is trying to form a divergence, volume goes down again, and macd is waiting for a big bomb here. Cup and handle almost confirmed. Ma's are supporting doing the dynamic support ! and they are doing that well. I have some ideas for this situation,...
Alright, dont hurry now, we are in distribution phane now, so dont fomo, wait a few hours and choose your side carefully, if you lost a trade, its ok, market is here you will do that another day. Anyway, as you can see we had a beautiful mark up here its about 8800 to 9600 ! almost 1k push up :) First of all we are in a range for a while market needs to rest,...
Ok let see what we have here. Symmetrical triangle Ma's support New HL in rsi Macd axis cross ! Cross under in a few next candles on 9k area :) Lets talk :D This cross telling us we are going to have a new strong support from now :) and its 9k ! 4h chart is in a big triangle (I talked about it in my last update for 4h chart) we are touching the edge and I know...
Well, we are in a ascending symmetrical triangle in 4h chart and we are working on the top right now ! Rsi shows a divergence, macd goes higher and triangle is about to break ... We have cross under on 50 and 200 ma (Which means a sell opportunity) and also there is some fractal ideas about it too. Lets see which one will win this war ! Fractal vs indicators and...
Ok guys dont FOMO ! wait an hour at least. As you saw in my last idea I said that we have an uptrend in our way. Check it and you will find out what im talking about. Ok now we saw a touch and a pump to 9200, as I expected btc rejected, but the good thing here is we broke the triangle and also we had a touch on 9200. So there is some ideas here about this...
Guys this is really interesting! I though we almost have another short until I saw this triangles, convergence and supports! Volume is almost about 0 ! and as you can see we have a big symmetrical triangle here! we have support of 50 and 20 ma now, ma 120 shows 9k ! and 200 shows 9200 ! Rsi and macd are in convergence and they are showing the way ! We have a...
First of all I'm still watching the chart for confirmation of cup and handle(It would be drop to 8k area), second I found this big divergence ... its really scary ... last time it drop from 9800 to 8700 ... about 1k downtrend ... this time we have inverse cup and handle, I talked about it in my last idea I recommend you to see it ... Lets talk about future. As...
Well as you can see we are in a bearish cup and handle, rsi shows a bearish trend (and also a hidden bullish divergence), macd is negative, ma's acting like dynamic resistances, cross under on ma's and so on ... We are almost touched the bottom of the channel (8600 ~ 9300) If we lost this support (which im sure about) we're gonna touch 8500 ~ 8400 soon ... I...
Well as you know we are in a big symmetrical ascending triangle, two days ago we hit the bottom of it and we couldn't break it, we are kinda in middle of triangle now and btc is trying to break 9300 pressure ... 1: The first idea about is patterns, it says when we hit a line and we cant break it, we will touch the other side, So it will touch 9600 soon 2: As you...
As you can see btc trying to make another descending triangle, and it also made a rectangle ... So I recommend you to enter you short position below 8900 to 8600 and 8500, and if you see a confirmation above 9150, it will go up to 9500 But remember that, rsi shows downtrend and macd is lower than zero ... and also downtrend confirmed by volume ... If you liked...
As you see the red cycle(its almost cycle :D ) I marked the last bottom of rsi, in my idea rsi should break that line and after that down trend will be stop ... With this power of breaking supports ... I recommend you to short below 8900 to 8500 And do long above 9150 to 9500 and 9600 Im really recommend you to set your stop loss and open your eyes on market now...